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744 E 8th Street, Boston MA 02127

$2,600,000

Estimated $5,046.47/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,300,000

Total Rent: 144000/year

Estimated CAP Rate: 5.16%

6 Bedrooms

5 Full Baths

3,100 SqFt

Total Parking: 0

1,552 SqFt

A rare new construction 2-family in City Point that sits 50 Yards from M Street beach. This 2.5-story house is undergoing a magnificent high-end renovation including adding a 3rd level with spectacular water views...A great investment property or a great place to live. ready for occupancy at the end of July, 2023.

This home has been viewed 25 times

Last Checked: May 7th, 2024 at 9:11am (Source: MLS PIN #73129030)

Gross Income: $144,000

Gross Expenses: $9,967

Net Income Calc: $134,033

CAP Rate: 5.16%

Water Views

Beach Front

Annual Expenses for 744 E 8th Street, Boston MA 02127

Total Gross Expenses (Calculated)$9,967/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,967

Annual Income & Unit Breakdown for 744 E 8th Street, Boston MA 02127

Total Gross Income (Calculated)$144,000

Unit 1

Rental Income$6,000

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$6,000

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 744 E 8th Street, Boston MA 02127

Listing ID73129030

Property TypeMulti Family

Price$2,600,000 ($838.71/SqFt)

StyleMulti Family

CityBoston

CountySuffolk

MLS AreaSouth Boston

Neighborhood(s)

Approximate Living Area Total3,100 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking0

Garage Parking

Year Built2023

Year Built SourceBuilder

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront FeaturesHarbor, Ocean, Beach Front, Beach Ownership(public), 0 To 1/10 Mile To Beach

Energy Features

Terms

Disclosures for 744 E 8th Street, Boston MA 02127

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$144,000

Total Net Income By Broker$144,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation2.5

Compensation Based OnGross/full Sale Price

Financial Information for 744 E 8th Street, Boston MA 02127

Real Estate Taxes$9,967

Tax Year2023

Assessed Value$919,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$144,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$144,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.16%

Location Information for 744 E 8th Street, Boston MA 02127

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaSouth Boston

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Tennis Court(s)

Contact Information for 744 E 8th Street, Boston MA 02127

Agent

Name: Jackie Rooney Team

Office

Name: Rooney Real Estate, LLC

Phone: 617-269-1000

Team Members

Payment Calculator

, Interest

Property Taxes 830.58

Principal & Interest 16020.37

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Rooney Real Estate, LLC

Jackie Rooney Team

Agent Phone

Office Phone

(617) 269-1000

Text Agent Call Agent Call Office

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EXIT